﻿Things To Know About ERP Vendors

There
are plenty of ERP vendors available out
there. However, you are required to choose the one who can provide you with the
right ERP software. Before, entering into a partnership with an ERP vendor you
need to understand that it is a long-term tie-up. Keeping this fact in mind you
should select the right ERP vendor for your ERP software.

There
are varied types of ERP vendors
available out there. This is because they are focused on different markets.
Having said that, now let us take a look into some of the important details
about ERP vendors.

Types Of ERP Vendors

ERP
vendors can be broadly classified into three categories. The three main types
of ERP vendors include:

Niche-based ERP vendors

These
type of vendors are known to primarily on a unique market. For example, injection
molding.Lumber and food processing.

Add-on type ERP vendors

These
type of ERP vendors perform only a few of the ERP functionalities. They are
mainly into accounting or manufacturing. They can even be focused on inventory
management solution. Add-on ERP vendors form a complete enterprise solution
with their pre-defined partners.

These
type of ERP vendors are basically the ones that can do all the ERP
functionalities for you. They are known to serve the mass market for businesses. However, at times they are unable
to fulfill the specific requirements of
the industry. SAP, Microsoft,and Oracle
are known to fall under this category.

So
these are the different types of ERP vendors that exist out there. You are required to choose an ERP vendor based on
the requirements of your organization.
Before, you make your final decision make sure that you have evaluated the
needs of your company.